port moody real estate: When to invest in an income property
- 01/22/08 11:54 AM
When to invest in an income property. Most people know that real estate is a great investment. Over time it's a great way to build equity. In fact for most people, their home is their largest single investment. With the variety of equity financing vehicles available from Canadian banks, homeowners can now take money out of their home and invest it elsewhere. So why is it a great idea to invest in an income property? The reasons are numerous. Return on Investment: In the past real estate has always outperformed the stock market. Of course most investment professionals recommend that any investment portfoloio be diversified.Tax Advanteges: All … (2 comments)
When to invest in an income property. Most people know that real estate is a great investment. Over time it's a great way to build equity. In fact for most people, their home is their largest single investment. With the variety of equity financing vehicles available from Canadian banks, homeowners can now take money out of their home and invest it elsewhere. ;)
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